Operations Update Special Meeting of the Shareholders February 24, 2016 November 2013 TSX:CPI Oil Treating www.condorpetroleum.com Facilities at Shoba
Condor Snapshot Capital Markets Near Term Focus Secure a debt facility for Poyraz TSX Symbol CPI Ridge development and start facility and pipeline construction Mandate letters received from international lenders Common Shares…
Turkish Acquisition Overview Ortakoy licenses cover 171 km2 in Turkey is one of Europes Hubs for Natural Gas Supply northwest Turkey 50 km from Greece 4 contiguous production licenses awarded in Nov 2015 100% working interest…
Proven Gas in Early Stage Development 4 Production Licences with ITGI pipeline transecting Extensive seismic coverage 472 km of 2D lines 16 km2 3D over Poyraz Ridge Field Gas discovered on 5 of 7 structures drilled to-date…
Initial Turkish Growth Potential North Poyraz footwall separated Existing Prospects will be enhanced by additional 3D seismic from Poyraz Ridge gas field by a fault Footwall target is structurally higher than equivalent proven…
Shoba and Taskuduk Developments Sh-10 and Sh-11 Initial Step-rate Tests Production facilities have been constructed and commissioned for Shoba and Taskuduk shallow oil discoveries Excellent Shoba horizontal well results First…
Near Term Focus Testing one of the Gas Discoveries in Turkey Secure a debt facility for Poyraz Ridge development and start facility and pipeline construction Mandate letters received from international lenders Initiate Shoba…
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